Drumm gets suspended sentence over illegal "Maple 10" loan scheme
David Drumm, former chief executive of Anglo Irish Bank, has received a fully suspended sentence of fifteen months at Dublin Circuit Criminal Court for his involvement in an unlawful loan scheme. The 51-year-old from Skerries, County Dublin pleaded guilty to ten counts of authorising unlawful financial assistance to the Maple Ten group of developers and businessmen between July 2008. The loans were designed to…
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